SEC Form 4 · accession 0001209191-15-087057
AMERICAN SOFTWARE INC · AMSWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vincent C Klinges
Officer — CFO
Period of report
Dec 24, 2015
Accepted (ET)
Dec 28, 2015 · 1:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000713425
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Dec 24, 2015 | C | 5,326 | $4.66 | A | 100,767 | D | |
| Class A Common StockF2,F3 | Dec 24, 2015 | S | 5,326 | $10.6105 | D | 95,441 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Acquire Class A Common Stock | $4.66 | Dec 24, 2015 | C | 5,326 | D | Jul 12, 2011 | Jul 12, 2016 | Class A Common Stock | 5,326 | 4,273 | D |
Explanation of responses
- F1On December 24, 2015, the Reporting Person converted 5,326 options into an equal number of shares of Class A Common Stock.
- F2Represents the weighted average sales price for price increments ranging from $10.60 to $10.64.
- F3The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.